Appointments at Societe Generale Private Banking

Societe Generale has appointed Jean-François Mazaud as Head of Societe Generale Private Banking. He joins the Executive Committee of the Private Banking, Asset Management & Securities Services division and reports to Jacques Ripoll, Head of the division. Jean-François Mazaud becomes a member of the General Management Committee of Societe Generale group.

Jean-François Mazaud replaces Daniel Truchi, who has decided to pursue new opportunities in the financial sector outside Societe Generale group.

Patrick Folléa has been appointed Deputy Head of Societe Generale Private Banking. He retains his existing functions as CEO of Societe Generale Private Banking France and supervisor of the private bank’s activities in Belgium.

Yves Thieffry, currently Deputy Head of Societe Generale Private Banking, will be taking up another position within the private bank. In the meantime, he and Patrick Folléa will work closely together during the hand-over period.

These appointments will take effect on 10 March 2012. They mark a new stage in the development and transformation of the private bank worldwide, whose objective is to respond to the needs of international clients seeking tailor-made investment solutions.


Jean-Francois Mazaud became Deputy Head of Global Finance for Societe Generale Corporate & Investment Banking in 2008 and a member of Societe Generale Corporate & Investment Banking’s Executive Committee in 2009.

He began his career in 1991 as a manager at Bank Indosuez, initially in Paris and then in Tokyo. He joined Societe Generale in 1993, advising clients of the bank on their fund raising transactions, in particular with regard to privatisations, IPOs or capital increases. In 1998, he was appointed Head of Equity Linked Origination, where he remained until 2004 when he joined Societe Generale’s Debt Capital Markets department. In 2006, Jean-François Mazaud was appointed Global Head of Debt Capital Markets.

Jean-Francois Mazaud has a Master’s degree in Financial Engineering from the Lyon Business Management School and is a graduate of Bordeaux Management School.


Patrick Folléa has been CEO of Societe Generale Private Banking France since July 2009. In January 2011, he became a member of the newly-created executive committee of the private bank, adding the supervision of the private bank in Belgium to his responsibilities.

He began his career at BNP in 1984 as an economist, before joining the internal Audit Department in 1990. He was then, successively, Head of Private Banking in Hong Kong and Director of BNP Asset Management Asia. He returned to private banking in 2000 as Regional Head for Asia, in charge of development, and in 2003 took over as Head of BNP Paribas Private Bank in Italy. In 2007 he joined Societe Generale Group as Deputy CEO of Societe Generale Private Banking France.

Patrick Folléa is a graduate of the Institute of Political Studies in Bordeaux, and has a Masters in International Law, a Masters in Political Science and a Doctorate in International Finance from Paris Dauphine University.


Yves Thieffry has been Deputy CEO of Societe Generale Private Banking since 2007. In 2011, he became a member of the private bank’s Executive Committee, with responsibility for supervising Luxembourg, Switzerland, Monaco and the Middle East.

He joined the Internal Audit Department of Societe Generale group in 1982 and became Deputy Head of the Business Services Division in 1992. He was then appointed General Manager of Banco Supervielle Societe Generale in Argentina in 1995 and General Manager of Societe Generale in Madrid in 1998. In January 2002, Yves Thieffry was appointed Head of Human Resources for Societe Generale Corporate and Investment Banking, before becoming its Chief Operating Officer in 2003.

Yves Thieffry holds a Master’s degree in Fiscal Regulation and Public Financing from the Sorbonne University in Paris.